to other news organizations. i think for.... >> brown: go ahead. >> jeffrey, that's a good point but one thing that matea mentioned was that part of the revenue stream comes from the cable operators. that means that cnn has got to ask for top dollar for a news network from the cable operators. if the ratings are low, if the audience can't watching, cnn's bargaining power with the cable operators declines. >> brown: you've both said that... go ahead, matea. >> i was just going to say it's also just an image problem. i think that aside from the financial bottom line right now cnn has been battered really with story after story about its prime time woes. even though that's just a fraction of their, you know, schedule across the board, that has created a perception that the network is no longer as vibrant and as essential as it used to be. that's something that deeply troubles people inside the network. >> brown: but that's the case even though, bob, you've both said that it still has this global presence. it still h

productivity and any new hires. they don't know what's going to happen to them. i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. the gentlelady from illinois. ms. bean: i yield 2 1/2 minutes to the gentleman from michigan. the chair: the gentleman from michigan is recognized for two minutes. >> thank you. i rise in support of h.r. 5297. small businesses create two in every three new jobs in this country and creating an environment that allows small businesses to innovate and grow is the single most important objective necessary to reduce unemployment and lead our nation to full economic recovery. i've held a field hearing and roundtables with small business owners and have traveled door to door in downtowns in my district, and the one thing i hear over and over again, many entrepreneurs are ready to invest and create jobs again but they cannot secure the capital necessary to start or grow their business. some, like karen teague, a small 'tising firm, says because -- advert

new sanctions on iran. and emily dickinson's garden. but first, the other news of the day. here's hari sreenivasan in our newsroom. >> sreenivasan: dozens more people died in afghanistan today. a provincial official reported at least 39 afghans were killed by an explosion in kandahar province. the victims were taking part in a large marriage ceremony. earlier insurgents shot down a nato helicopter in helmand province killing four american troops. a british soldier died in a bombing in helmand. in neighboring pakistan, militants attacked a nato convoy just six miles outside the capital of islamabad seven people were killed. the assault also damaged 30 trucks transporting military supplies to afghanistan. police said about 15 militants opened fire with automatic weapons, then torched the trucks. the debt crisis in europe should have only-- should have only a modest effect on the u.s. economy if the stock market stabilizes. ben bernanke offered that outlook today to congress. >> although the receipt fall in equity prices and weaker economic prospects in europe will leave some

by 1995, with the new government came new opportunities. >> i then established a company called tebeila construction. now, that was also in response to a new trend in government in terms of trying to empower the blacks. >> reporter: tebeila went on to acquire the rights to vast holdings of south africa's rich cole deposits. he's one of the most successful beneficiaries of new and increasingly sweeping policies to increase black participation in the economy. more ownership of shares in industry, affirmative action in hiring and training, and more government contracts. but to many experts, tim tebeila is one of all too few success stories. aubrey matshiqi is a political scientist at a johannesburg-based think tank. >> south africa has become one of the most unequal societies in the world. in fact, in the past, prior to 1994, the inequality was between black and white . but today inequality has taken both an interracial and an intraracial dimension. so you have black people who have benefited quite a lot since 1994, but you still have the majority who are still plagued by conditions of poo

he's a former soccer reporter for the "new york daily news." and christine brennan is a sportswriter and columnist for abc and "usa today" who has covered previous cups. david hirshey, let me start with you. these guys play constantly, in continental championships, national championships. they play for professional clubs. they play for the international team. they're always playing. why does the world cup stand head and shoulders above that constant round of championship play ? >> because for four years these players are trying to qualify for the tournament that is the pinnacle of their sport. and it's a grueling campaign that can be will-sapping at times. but it's the shared send of national identity that i think galvanizes the team and makes them run through walls for their countries. >> suarez: christine brennan, more than the uafa cup or the concacaf or all these various kinds of championships that are being played for the rest of the time? >> i think, well, david is right, david knows the sport very well but this is once every four years.

of our new stockpile. this conclusion is based on -- the tree supports our modernization agenda -- it is easy to extend the life of the key nuclear weapons systems. these modernization efforts provide a strong foundation and put limits on deployed nuclear weapons under the new start treaty nothing in the treaty will constrain these efforts. none of our operations will be subject to limitations. the u.s. will remain free to determine the size of the stockpile. the weapons will continue to be retired and dismantled, consistent with the defense department requirements and presidential direction. but remained on track to meet our program's requirements. nothing in this treaty imposes any restrictions on this work. the treaty provides the right of both parties to -- the new start treaty contains no limitations on our program options or work to assess any future warhead issue. as was made clear in the nuclear or view, this administration is committed to studying all options available for future life extension pr

kim dacey, wbal-tv 11 news. >> a man will be given a new trial. two men were convicted of killing brian jones. >> we have learned today that this kid was overturned as a result of a decision the court made in front of the jury. that would mean prosecutors would have to move forward with the new trial. >> the court of appeals sided the suggested language during the trial indicating the judge asked potential jurors if they would be able to convict the pair even without scientific evidence. the manhunt for a suspect wrapped up over the weekend. brian hill was on the run after he fled when is a gun jammed firing and a deputy at a traffic spot. he faces several charges including attempted murder. >> a man is behind bars after reportedly stabbed a man in the chest. this happened in little towns like after an argument. the victim was rushed to shock trauma. the man faces a host of charges included first-degree attempted murder. not even being the daughter of a former president is not enough to bring you from being the victim of a crime. someone broke int

neighbors in new jersey were shocked to hear the news. >> it's scary because i was here for 9/11.i was in to we are 2. so it's really scary that there are possible terrorists living across the street from me. >> brown: officials say the two drew inspiration from radical american born cleric al-alaqwi the same fan linked to faisal shahzad arrested for trying to set off a car bomb in times square. and to major hassan, the army psychiatrist accused of killing 13 people at ft. hood texas last november. outside the courthouse today the prosecuting attorney told reporters that the phenomenon of home-grown terrorism is a growing threat. >> you've seen this and a number of other cases in which people who are in the united states are alleged to have been radicalized, to use the word somebody just used a moment ago, and have decided that what they would like to do is engage in violent activity either against americans or against people overseas. and that's obviously not something that the united states government thinks is appropriate or is going to put up with. >> brown: in fact, the numbe

>> what is the good news story? with that things are going well. >> i have not read that lately. >> i msed that. >> everyone's and while the prident might say it but even he does not say. i think that in fact, especially of late, there are stories of afghanistan about how difficult this missions and that right now in iraq, there is terrible internal sife. it is affecting the withdrawal of our own troops and we will continue to withdraw despite the the courts and the economic conditions. just talk to the people at goldman sacks about the ability to sell a good news story. most of the news is pretty grim and i think people rlize, certainly reporters. >> thankou for being here. >> i will s that we are nearing the end of the time so we will not take many me questions. >> i sort of think of you gentlemen is the lennon and mccarty of journalism. [laughte >> somebody said the ham and egg. >> it seems to me from what i know about you that this sort of have a creative tensionlong the lines of london and mccurdy. i wonder abo

days of unity are at a new level. and you're is turning into a protest action -- anger is turning into protest actions, and they are becoming more frequent and militant. cahnge i -- change is within reach. we're still fighting in iraq and afghanistan. oil is still spilling into the gulf. corporate negligence is killing miners and oil workers. a campaign to demonize people of color and immigrants is thick in the air. the planet's temperature is rising and debt is piling up. in wall street, there are regrouping, trying to -- they are regrouping, trying to restore their power. there is an economic crisis that is deep, broad in scope, and prolonged. sobering, yes. daunting, for sure. are confident that the economic ship can be righted -- we are confident that the economic ship can be righted. america can become a more perfect union. [applause] freedom, said robert frost, lies in being bold. today, powerful political and economic forces are at work. they hope to reverse the results from the 2008 elections. they hope to mak

but turning new ideas into new companies depends on new credit which just isn't available, says the ceo's son tim stack. >> i don't think you can walk into a bank and get any type of money for an idea anymore. you have to be able to cash flow it within a very short amount of time and show them a return on it. otherwise it will be tough. >> reporter: and other businesses we visited in springfield were feeling the credit crunch too like this local massage training school owned by juliette. >> the biggest problem we have is our growth ate our cash. getting cash these days is not easy. we have excellent credit. we have excellent credit history. obtaining credit is very difficult. >> reporter: meg and chambers owner of the springfield clothing boutiques stacks and jack stack's daughter didn't hang all her hopes on getting a loan when she actually needed it. instead she applied when her numbers were up. >> i didn't need the money but there might and time when i will need the money. due to the doctor crunch right now where people are trying to grow and they're needing the money and they're not g

a new high. this is a concern for us. the a.m.a. reported 31% of primary physicians are no longer accepting new medicare patients. we're hearing quite a bit about this. and what we hear is that this reduction into s.g.r. is forcing more doctors to make those reductions and dropping those patients and seniors are very concerned about this. i think they are speaking up and expressing concerns, around one of the reasons we want to hear from you is my colleague across the aisle said twer party of no. i would change that for him. we are the party of k-n-o-w, no. know. what we have worked diligently to do is make sure seniors have the information in front of them. whether it's about the current medicare coverage they have or not. and they continue to come to us and say we thought we were going to be able to keep the benefits that we don't see how this is going to work. and what we're hearing from ensurers is changes when you see being cut out of the medicare advantage, this is of concern. i will also h

i believe this merger is good for my city of new work and for new jersey because it will allow for new joke -- the jobs and growth of services. continental is a premier domestic and international gateway -- newark is a premier domestic and international gateway. the international airport has been one of the fastest-growing airports during the past two decades thanks to continental. the city and the state of new jersey have benefited from the airlines presence. over the years, continental has not only made infrastructure investments at the airport, but the airlines leadership has successfully worked with local government to establish a job creation programs and promote other important growth initiatives in the state. just this summer, there are nearly 75 young people benefiting from a summer internship program that allows them to learn valuable customer service skills as they spend each day working the crowds at the ticket counter. i have a long history of supporting continental, because they have a long history of supporting and northern new jersey. newark is on the verge of a renaissa

new features, new ways of organizing health care that the new law allows and indeed in some senses compels to happen. there's a lot of ferment in the hospital sector in particular as people are looking at this thinking how should we reorganize ourselves for the new delivery systems and the new payment systems? that's going to have an impact on the way many americans receive their health care. hopefully for the good. >> woodruff: in just a very few seconds there are a number of people who don't like this, a number of attorneys-general, states and the country, that are trying to repeal it in several states. can you give us just a quick sense of where those legal moods stand. >> most of those cases have targeted the so-called individual mandate which is the provision that will take effect in 2014 that compels people to have health insurance or pay a penalty. many of the states' attorneys- general argue that that's unconstitutional. there's a lot of difference of opinion on that though. i think the preponderance of the constitutional think ing is that actually the federal government is allowed

great news. they're agreeing to plead guilty to confess everything. awesome news. awesome news. the date of this "new york times"' story was decemmer 9, 2008. the 9/11 plotters agreed to plead guilty to the atrocities regarding 9/11. ttey were not going to file any more pleadings. they were throwing in the towel. they were ready to be sentenced to death. and if you go back and look at this article, mr. speaker, it talks about how they're ready to accept martyrdom. isn't that something. they told the military judge they wanted to confess in full and ready to be put to death for their crimes. isn't that something snr and so they planned to stop filing legal motions and will plead in full. a strange thing happened on the way to the five 9/11 charged con expire ators the 9/11 atrocities. this adminiitration took office a month after that story and said you know what? basically, in essence, you guys don't plead guilty. we want to bring this to new york and create a circus out of it put manhattan in great danger and probably cost them, one estimate was $100 million they don't have. tr

especially because there was a new tax or people feared that there was a new tax coming. host: stephen, savannah, georgia. good morning. caller: good morning. good to see you, mr. drucker, you are normally on the other side in your studio. i appreciate your input whatever c-span has done. my comment is amazement at the political ineptitude of the democrats. they have no sense of exploiting a situation to their manager even when they have moral superiority. whenever there is a crisis she is always out there with the president. host: you are calling on the democratic line? caller: i am a democrat. it amazes me that even when the democrats have moral superiority the republicans always find a way to the run- down and issue. senator lugar is holding a press conference to put out his own blueprint on the energy situation. just another opportunity for him to get ahead of this issue. the democrats will sit silent. the republicans exploit the situation to their own advantage, it is amazing to me. sarah palin is the most vocal out there and more concerned about this by next door. h

new bus barns. new office high-rise buildings. clusters of apartment buildings that would be a show piece, just a remarkable feat of building in a city anywhere else in the world, but right behind that one that you're looking at is another one and then another one and then another one. sometimes clusters of 30 and 40, twenty-story apartment buildings. the scale, the numbers can be bewildering, really. because everything's a superlative in a country of 1.3 billion people that's getting rich fast. >> lehrer: and it is also superlatives? >> suarez: well, no. i mean, obviously these... all of this has an underside. all of it has a dark side. lots of people are being relocated. not necessarily with their informed consent. they're just being told to clear out. a lot of neighborhood are being torn down. -l. >> lehrer: to build these new... new everythings? >> right. to build new everything. and people who want to escape the terrible grinding poverty of the urban areas and get a little bit of that new affluence in the cities can do that e

the new earth corporation and alliance, ttey have just created 60 new jobs in our small town. medline industries, a manufacttre -- a manufacturer and distributor of medical products cceated dozens of job, will be adding jobs over the next three years. nationwide insurance created another 600 jobs in ohio. they have an office building in my district. one of the best news reporrs we have heard was that rolls royce, who is invested in fuel cell technology and alternative energy source that even our military is beginning to use, announced they're moving their research headquarters from singapore to stark county, ohio, in the 16th congressional district. they'll invest three million jobs and equipment and creating up to 60 new jobs and maintaining 32 that are there already. it goes on and on. the statistics show we're improvinn this economy, we're growing, not fast enough for the millions of jobs lost under the previous administration an what we were handed day one when we walked into the office but we're doing our best to turn this economy around. >> and we're doing it without our

this is nothing new. host: a senior administration official said "i think it is much too early to draw a negative conclusion." next up is a joke, on the independent line, and when york. caller: good morning. i do not wherknow where to starr to end. it is very upsetting. i am upset that c-span and the media have nnt informed us about blackwater, and halliburton, and who they really are and where the tentacles go. a funny thing happened here on long island that shows you where the station is headed. i read somewhere that grummond, a big contractor here, helped to build the space shuttle. they just received a huge contract to build these huge bllimps that will be flying over afghanistan and pakistan. much like the drones, but from a different altitude. they will not be ready for two years. the blooms will not be ready for another two years. so, if you think your sons and daughters are coming down any time soon, if you think there are not people who want americans to stay and die, and be in the middle east, t

but first, the other news of the day. here's hari sreenivasan in our newsroom. >> sreenivasan: the central asian country of kyrgyzstan was in turmoil today after days of ethnic rioting. officials reported at least 138 people dead and 1,800 hurt, but other accounts said the numbers were even higher. approximately 100,000 people fled toward the border with uzbekistan today. most were minors desperate to escape the wave of bloodshed. the violence happens been centered in keerg stan's second largest city in only three miles from the border. fires still burned in sections of the city today where entire blocks have been destroyed. and many of the residents defended their actions. >> whatever you see over there, all the burned restaurants, the cafeterias were owned by them, the ethnic uzbe k-s. we destroyed them on purpose. >> reporter: to the north in the capital city doctors said the wounded cannot get treatment. >> all the roads are closed. there is shooting and military operations going on. it's impossible for now to leave t

also in the papers this morning, this news analysis in the "new york times." want to talk about that for the first 40 minutes of the program. find out if the evidence, if any, up stimulus spending in your area. the first call comes from michigan. caller: good morning. thank you for taking my call. i have seen several road projects, all in different counties in michigan. the first is in crawford county. some kurds are being re-paved. in another countyc anotherurbs -- curbs being re-paved. there is sort of a bridge adjacent to saddle river. they have worked on that. i did see something in the grand rapids area. it was near the expressway exchange. they were doing something there. host: do you know of anybody in your area who has gotten a job or has been able to keep their job as a result of the stimulus spending? caller: i do not know that. i have been traveling. i met a family home that my grandparents built. i am not in the community enough to know anyone. i know that last year when the stimulus package was passed, they were hoping for jobs at the usda. [unint

we need a new approach. leadership, generates local economic growth, and promotes job creations in all parts of the country including wales and scotland. we will publish a white paper on how we intend to deal with these issues later in the summer, followed by consultation paper on rebalancing the economy of northern ireland. and as a step toward rebalancing our economy, we are announcing support for those regions more dependent on the public sector. first, even when money is short, we will commit to these important regional transport rogers -- the upgrade of the tyne and wear matter, the extension of the manchester metrolink, the redevelopment of birmingham new street station, and improvements to the rail lines between chef flop -- to sheffield and between liverpool and leeds. we will create all large regional growth fund to provide finance for regional capital projects over the next two years. we will announce the details shortly but priority will be given to projects that have the greatest impact on innova

so i know in new york, it's 75%. so they get 75 cents on the dollar, and they have to fund raise for the final 25 cents. >> are they considered public schools? >> yes. they are entirely public. they are open enrollment by law. that's where the lottery comes from. if more parents enter their children to attend the schools than they have space for, they are required by law to lottery. it's totally random. >> i noted that on the united federation of teachers, they have charter schools that are unionized. >> there are a few in the city. >> why don't they have to be unionized or how do they keep them out if they don't want them in there? >> that's part of the charter law that they're not required to be unionized. in the traditional school, as soon as you're given a job you're signed up for the union. charter schools don't do that. teachers can vote to unionize, but by and large they choose not to. >> what year did you get out of greenwich high school? >> 2001. >> and what year did you get out of duke? >> 2005. >> and this

partnerships, new arrangements. one of the reasons the president is focused on the transpacific discussions is a way of multilaterally engaging in new trade opportunities. there are free trade agreements that hopefully congress will be able to work on and ultimately ratify in the very near future in panama, colombia, and south korea. so there's a lot of trade opportunity outside of the e.u. we'll continue to want to do business, but it's not business, but it's not necessarily dispositive of how we're going to do if the european trade is off a bit. >> i'd like to follow up on a trade question as well, mr. secretary. america taxpayers will be paying $147 million a year to brazil because the agriculture department's cotton subsidy program has been ruled illegal. what are you going to do about that in the next farm bill? >> well, i think first and foremost is to educate folks about what has already been done on the credit export guarantee program that many have been responsive to the concerns raised by brazil. i would a

this week we get this news. so moving to the substance of the larger picture here, it continues this question that a lot of people of which is the real rush yaz? and what is the relationship between the two countries now? what's your response? >> it is very difficult to respond to this question. i'm not a policy maker. i teach. i have to put a number of perspectives into my response here. i visited russia in march. it's a very different country from what it was five, ten, 15, 20 and certainly 30 years ago. the mentality of the people has nothing to do with cold war. these are people who are looking forward to the 21st century and dealing with the issues of 21st century together with the west. there was not one russia-- and i met a number working around the clock-- who would say that we want bad relations, tense relations with the united states. everyone, scholars, academics, military whom i interviewed students, they want to be one with the west. it's about time for us to understand that we are in the 21st centu

you represent new jersey. many people that work on wall street, what are they saying to you about this legislation? guest: they are concerned about spending in general. the first topic that always comes up at the town hall meetings is this. they say let's not have more spending over there, which means no more bailout. stop bailing out wall street and everybody else. make sure you do not pass a bill that perpetuates it. host: does this legislation continue to do that? guest: absolutely. you had to the discussion in the senate a few weeks ago before we went on break with the $50 billion fund in their. -- there. when they pulled this out and they said we ended the bailout, well, no. if you look in the bill, there are still lots of language that give the government' a lot of ability to step in and say we will help of this company, but not this company. where does this money come from initially? the taxpayer. it is a bailout host:. in the -- it is a bailout. host: more regulatory authority was needed. why not give

a major concern to my area of new york, new york city. and i echo everything that mr. weiner said. we are very, very concerned. there are many teaching hospitals in new york city. they've been devastated by cuts on the federal and state level. whether it's dish payments, or in the health care bill that we passed. we had a whole fight over do gooder states provisions, things like that. they've been decimated back and forth. new york has 15% of the teaching hospitals. we train 15% of the doctors across the country. it's a really big thing for us. i kkow you said that it wasn't a $3.5 billion cut per say. and these teaching hospitals would still receive funding if they showed their further erg goals. but the yet to be established goals by the secretary of h.h.s. and the new york city teaching hospitals are very worried they would lose up to $450 million annually. and you know, that's just really untannable. i understand that, but what you said before about you want to make sure there's quality. of course you want to make sure, but at some point you can't get blood from a stone. i thin

but first, the other news of the day. here's hari sreenivasan in our newsroom. >> sreenivasan: at least 16 miners have died in a coal mine explosion in northwestern colombia. it happened last night at the san fernando mine in amaga, just south of medellin. today, rescue crews searched for dozens of workers still trapped underground, and feared dead. the force of the blast collapsed an access tunnel that is more than a mile long and plunges 500 feet down. authorities said they believe a build-up of methane gas caused the explosion. at least nine people were killed at the same mine last august. european union leaders adopted new sanctions against iran today over its nuclear program. the restrictions are designed to block investments in iran's oil and gas sector, and limit its refining and natural gas capability. the e.u. penalties go beyond those approved by the u.n. security council last week. the u.s. imposed its own new penalties yesterday. israel has eased its blockade of gaza. a spokesman for prime minister benjamin ne

we're adding new jobs every month in 2010, and g.d.p. is now trending positively, moving from a negative six to positive sixxin the year following the recovery act. and it's now holding at 3%. but as i talk with small businesses in my district and across the nation, the issue that has continued to be an obstacle to business expansion and diversification is access to credit. the financial crisis of 2008 severely tightened small businesses' access to credit. when small businesses can't access financing, they can't hire new employees and make other expansions. in the worse cases, they must cut payrolls, go into bankruptcy or close their doors for good. congress has taken steps to alleviate that problem. the recovery program has reduced fees for lenders and borrowers and increasing government guarantees to attract more capital. as a result, weekly s.b.a. approvals has increased by over 90%. the -- it has helped but much more needs to be done. earlier this year commercial and industrial loans declined for the seventh straight quarter, down fr

we have a new floor of consumer protection.f september, no more lifetime maximum and freight existing exclusions for kids -- no more pre-existing exclusions for kids. the next thing is race. i would say that insurers have been very cooperative on the first point -- building up that product. in a way, it is good for their bottom line. a more robust product. we have gotten a lot of cooperation. then we turn to the second issue, david mentioned -- meeting with the president on tuesday, he harped on wanting a better product but we want fair rates, too. some in the marketplace don't suggest a fair rate. and then to bring in the governor has been involved in an investigation of health insurers because we move toward reform, and the end of discrimination based on health status -- we no longer want insurers competing for the best business for them -- that is the business that doesn't really need much health care and trying to exclude the business that is the worst business for them, the one that does need healthcare -- we want everybod

adventurers set out to discover new lands. new people. new ways. once we were great explorers.n search of hidden treasure. secret hideouts. magic lands. the treasure is still here. and waiting to inspire a new generation of dreamers. come uncover the riches and bounty of pure michigan. your trip begins at michigan.org. basic.? preferred. okay. at meineke i have options, and 50% off brake pads and shoes. my money. my choice. my meineke. >> so i'm thinking it can't get any better and sharon stone walks up. by the way, she is dressed up to the nines. she has the hair slicked back, makeup on. she is wearing a black sequin mini dress. she has the ridiculous body of death. and her face looks great. i don't know if she has been to the dentist. i know she absolutely hates me and here's why. whenever i make a joke at her expense, she always goes like this -- [ laughter ] isn't she great. >> larry: our guest is kathy griffin, the extraordinary kathy griffin. i really adore her, despite it looks like fighting and stuff and she kids a lot. okay. before she went on, she told my crack crew w

leo on his new book. that this sunday. >> it is campaign 2010 your way with the seas -- with the seaspan video library. you can follow the primary season. it is all free online anytime. >> seaspan, our public affairs content is available on tv, radio, and on line. and you can connect with us on twitter, facebook, and youtube and sign up for our schedule alert e-mails @ c-span.org. >> secretary of state hillary clinton said thursday they ratified treaty -- she appeared alongside secretaries of defense and energy, the chairman of the joint chiefs. carl levin and chairs the senate armed services committee. this is about two hours in 20 minutes. >> would like to welcome our witnesses. hillary rodham clinton. secretary gates. steven chu, an admiral michael mullen, the chairman of the joint chiefs of staff. it is a pleasure to have all of you with us this morning. at the this secretary chu's first appearance at this committee. the new strategic arms reduction treaty before us today is an important treaty. and i

yorker, maintain new york's status. this bill has death penaltiers in greedy financial institutions. if you are a institution that's causing systemic risk this bill allows regulators to dire-solve you and dissolve you without the cost to any taxpayer money. i repeat, let me emphasize, taxpayers will bear no cost for liquidating risky, interconnected financial firms this bill includes strong investor protections and transparency mechanisms through the use of stress tests which is more than i advocated for and the results will be published. it will increase the amount of information available for investors to make wise decisions with their hard-earned savings. most importantly to my constituents, this bill establishes a consumer financial protection bureau to police lenders to ensure that the predatory lending that mr. watt was talking about that ensnared so many unsuspecting americans will be halted, led oby an independent director and the office will be able to act swiftly so consumers won't need to wait for an act of c

the new energy economy. host: greg on the democratic line. arizona. caller: this is elisabeth from california. i am disappointed in hearing that mr. begich does not support the president and the moratorium. that is very sad. you are saying the same thing that we have been hearing for 40 years. we are being unrealistic about renewable. solar and wind will never take off. it sounds like the same dog and pony show. also, you keep saying alaska it is an oil and gas economy. so basically, you do not care about the spill, you do not care what it is costing the country because you make money from oil and gas. guest: are wrong. i do not know if you have been listening the whole time, but there is no other state that understands the issue of climate change and oil and gas more. we see it every day. we see the impact every day in our villages. we see the impact of melting permafrost in our region. buildings are falling off of their foundation. you are mistaken. on the exxon valdez spill, we have seen the impacts. we s

new york and in maine. and what's interesting is that while those are very diverse geographies, in many ways, customers need our lines they tend to be the same. it's interesting to see where is that alignment and how can we respond to customers and what things need to be different? what things need to be different for a customer in new york city versus in charlotte, north carolina. it's exciting to up the thi about finding the right model for serving customers in that diverse geography. >> how public do you expect to be? >> how public do i expect to be? well, you know, i don't know. i imagine i'll be a bit more public than i have been in the past but my -- >> you're in one of the biggest markets in the country. >> my passion is really operations. i love working with a team of people, responding to the needs of customers and developing and introducing products that make customers' lives simple and easy. that's realy my focus. >> thank you very much for talking to us. >> thank you. >> you'll see more of these

but first, the other news of the day. here's hari sreenivasan in our newsroom. >> sreenivasan: the cap on that ruptured oil well in the gulf of mexico was back in action today. it had to be removed for ten hours yesterday after being struck by a remote-controlled submarine. that, in turn, allowed more oil to gush into the sea. but today, the cap was again collecting thousands of gallons of crude. b.p. said it would take some time for the system to get ramped back up to full operation. meanwhile, a federal judge refused to delay his ruling against a six-month moratorium on deepwater drilling. wall street had a down day. it was driven in part by concerns about the financial reform bill being finalized in congress. the dow jones industrial average lost more than 145 points to close at 10,152. the nasdaq fell more than 36 points to close at 2,217. president obama welcomed russian president dmitry medvedev to washington today. the low-key summit lasted for several hours, but there were no major agreements announced. the leader

that is not a new idea. remember that the highway program presiddnt eisenhower established in 1956 was originally known as the "national system of interstate and defense highways" to serve as an infrastructure both for commerce and defense. in this same spirit, the first claim on auction revenues from the freed-up spectrum is to support the creation of a nationwide, interoperable, broadband network for public safety -- originally recommded by the 9/11 commission. the long-overdue shift to modern cellular systems for voice and data will both strengthen public safety and, over time, may actually save money. even after this critical investment, we expect to have substantial remaining funds that can be used for deficit reduction and reinvested in strengthening america's infrastructure. take just one example. today our air affic control system is based on the decades- d concept of radar, while our cars have state-of-the-art gps systems. leftover proceeds from spectrum auctions could be used to hance our effort to

so one of the dangers is -- good news, bad news.we don't have good laws of physics down at condensed level at the nano level, nuclear level. we don't even have a nuclear model. but if you figure that out, god's got a secret for you of how to solve this energy thing and it's through nano technology. ultimately that will win out. and the frustration of people like myself is you simply can't get hearings. you won't put out solicitations on some form that they don't know about. host: one more question for you. how much did texas instruments dedicate towards nano technology? caller: well, quite a bit until recent litch but they completely eliminated central research. this has gone over except for maybe an i.b.m. or whatever. there's no silicon valley in america anymore. the large corporations one likes to allude to and talk about the miracle, they don't have central resources. they don't carry the overhead anymore so when someone says let the private sector do it there's no private sector left. so there's individuals like me starting up

host: a shot of the president in the "of the new york daily news." the admiral is behind him, who is in charge of the clinic. he will give the president a briefing today down in the gulf. he will then make a speech in pensacola. flyback to washington for the speech tonight. tom defrank, what he says is -- paris, illinois. terry on theerepublican line. what should the president say? caller: thanks for letting me be on c-span. i've just got a few things. i think the president is doing a good job. i think he is doing what he can. it is a natural disaster that, when you get into simple problems, it takes professionals to get them done. and this is not a simple problem. i just think the president ought to say, we need to invent our way out of dependency. we can get carburetors to get five times of the gas mileage. or we can have an air impact system like an air impact wrench. you could have a bigger one to run a torque converter of a transmission. you will run a, pressure -- compressor instead of gasoline and have an air impact wrench to run the compresso

adventurers set out to discover new lands. new people. new ways. once we were great explorers.hidden treasure. secret hideouts. magic lands. the treasure is still here. and waiting to inspire a new generation of dreamers. come uncover the riches and bounty of pure michigan. your trip begins at michigan.org. ♪ i've seen the sunrise paint the desert. witnessed snowfall on the first day of spring. ♪ but the most beautiful thing i've ever seen was the image on a screen that helped our doctor see my wife's cancer was treatable. [ male announcer ] ge technologies help doctors detect cancer early so they can save more lives. bringing better health to more people. ♪ they met. >> across the room and our eyes met. >> such a cliche. >> it is but totally true, though. it happened that way. >> they've been together 20 years. gary and tony want to have a baby. >> larry: "gary & tony have a baby" airs june 24th. soledad o'brien host it. tony and gary are the parents. was everybody involved, soledad, the carrier, birth mother? do we meet them all? >> absolutely. you meet them all. the woman wh

we've got three new c-span books. "abraham lincoln," the "supreme court is a tiered and "who is buried in grant's tomb?" to order, go to c-span.org /books. each one also a great gift idea for father's day. >> "washington journal" continues. on years -- host: on your screen is thad bingel, he served as chief of staff for board of protection from 2007 through 2009. talking about affect of the securing our southern border, and in particular with news the president today will be meeting with arizona gov. jan brewer on the immigration law. let me get to that first. what do you think of arizona's's response? guest: i think in many ways, i have been less prone to rust to judgment on it because the law has not even begin -- begun to begun in force. i think we need to judge it after we see how arizona law enforcement handles it because the law itself is one thing. how they train and actually implement it is another. i think that is where the have to pay particular attention -- attention, and they will because the eyes of the n

or new chesapeake shrimp topped with tender crab. new seafood creations from miles apart...nspire you to get together. the celebration starts at $12.99. right now at red lobster. [ slap! ] -[ slap! slap! slap! slap! ] -ow, ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium rich tums goes to work in seconds. nothing works faster. ♪ tum ta tum tum tums old fashioned broker did with my money. so i switched to e-trade. it's high-tech, low cost, easy to use. it's transformed the way i invest. experience high-tech investing at e-trade. i was 18 years old before i had my first fresh bun. the invention that i came up with is the hot dog easy bun steamer. steam is the key to a great hot dog. i knew it was gonna be a success. the invention was so simple that i knew i needed to protect it. my name is chris schutte, and i got my patent, trademark, and llc on legalzoom. [ shapiro ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom today and make your business dream a reality. at legalzoom.com, we put

let's shorten appreciation to buy new equipment, to add new jobs. let the government get out of the way. i creasing their taxes in a time when the -- increasing their taxes in a time when the deficits are running high is not the way to help small businesses. with that again i oppose the amendment and yield back the balance of my time. the chair: the gentleman from missouri yields back the balance of his time. the gentleman from oregon. mr. schrader: i appreciate the gentleman from missouri's concerns. do i take issue with them. to prevent fraud and abuse, unfortunately that does happen in tough economic times, these payments are made to the lenders to make sure they go back to where they are supposed to be as the taxpayers have authorized under this amendment and bill. the 7-a program is the most popular program out there. it's something banks are familiar with. and it is the small struggling businesses that are likely to take a loan out for under 300,000 that are most in need. this program is targeted tell more rarery -- temporary, and timely. smal

if you want -- >> larry: protestants no buddhists new york agnostics new york atheists. the justices will either be catholic or jewish. >> right. doesn't really mat her to me catholic, jew, protestant. they are all believers. went issue of separation of church and state comes up, the issue is slightly loaded for them. >> larry: most of the country is believers. >> so what? 15% is not. >> larry: so you are calling for an atheist on the court? >> yes, somebody, a rationalist. let's call them that. somebody who doesn't believe in magic. someone who doesn't -- >> larry: tom payne-type? >> tom payne, when glenn beck dresses up as tom payne, i obviously never read tom payne's book. >> larry: i don't think tom payne we gray? >> not a little bit. they think founding fathers, the founding fathers were elitists. they were intellectuals. they were europe-thinking. everything the tea baggers were no the founding fathers wouldn't have lunch with glenn beck. >> larry: try to draw bill out again in the next segment. every time it is so hard with this, riding the easy road. you are watc